Credit Analyst, Associate Director - Insurance - New York

About the role

Fitch Ratings’ North American Insurance group provides public and private ratings of insurance companies and their debt instruments in United States, Canada, and Bermuda. The department employs 18 credit analysts and staff in Chicago and New York, and is part of a global insurance team of approximately 70 staff members across North America, Europe Africa and the Middle East, Asia Pacific, and Latin America. The department covers insurance sectors including Life, Property/Casualty, Reinsurance, Health, Mortgage, Title, Captives, Financial Guaranty, and Insurance-Linked Securitizations.

Responsibilities

• Provide credit analysis for our North American Insurance Group analyzing insurance companies with an emphasis on either Property/Casualty or Life Insurance in either Chicago or New York.
• Lead or secondary analyst role for a varied portfolio of regulated insurance companies, insurance holding companies, and issuances.
• Monitor and analyze company news flow and financial results to identify events or trends which may lead to rating changes.
• Conduct meetings with rated company’s senior management.
• Present and discuss recommendations for new ratings or rating changes, holding internal rating committees as well as communicating Fitch’s credit opinions externally.
• Write company research and contribute to insurance industry research.
• Participate in analytical projects utilizing industry financial data sources.
• Maintain files in accordance with company policies.

Requirements

• Bachelor’s degree
• 5-7 years of relevant experience in property/casualty or life insurance analysis or in a strategic planning, financial management or actuarial position within the insurance industry.
• CFA/MBA/CPA or actuarial designations a plus, but not a requirement.

Qualifications

• Self-motivated professional
• Strong analytical, quantitative, and organizational skills
• Excellent written and verbal communication skills
• Ability to shift fluidly between multiple projects as priorities change
• Expertise in Excel and Word

Skills

• Strong analytical and quantitative skills
• Excellent written and verbal communication skills
• Ability to work independently and as part of a team
• Experience with Excel and Word

Benefits

What We Offer
Fitch Ratings offers a range of credit ratings, research, and data services to help investors make informed decisions. The Financial Institutions Group focuses on providing ratings and analysis for banks, insurance companies, and other financial institutions. Fitch Ratings is a global company with a presence in over 30 countries, offering opportunities to work with diverse teams and clients from around the world. We’ll Count On You To
Lead coverage on a portfolio of property/casualty or life insurance companies
Interact with management of property/casualty or life insurance companies
Prepare and presenting rating committee packages
Participate in rating committees
Write company research
Contribute to insurance industry research
Participate in analytical projects utilizing industry financial data sources
Back-up coverage on selected insurance companies
Maintain files in accordance with company policies

Pay

Expected base pay rates for the role will be between $115,000 and $135,000. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors.

Schedule

Some, but not an excessive level, of travel will be required (albeit this is currently severely limited due to the pandemic).